Texas Tax Code 201.205 – Tax Borne Ratably
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Terms Used In Texas Tax Code 201.205
- Comptroller: means the Comptroller of Public Accounts of the State of Texas. See Texas Tax Code 1.04
The tax shall be borne ratably by all interested parties, including royalty interests. Producers or purchasers of gas, or both, are authorized and required to withhold from any payment due interested parties the proportionate tax due and remit it to the comptroller.